Reverse non-dom crackdown to get Britain building, Reeves urged

Preliminary UK Tax Data Eases Worries of Non-Dom Exodus, FT Says

The number of wealthy individuals leaving the UK in response to recent tax changes is so far in line with official predictions, the Financial Times said, citing people briefed on the findings of a HMRC analysis.

Reverse non-dom crackdown to get Britain building, Reeves urged

Balfour Beatty’s outgoing chief says UK is missing out on chance to attract wealthy investors

Balfour Beatty CEO Calls for Non-Dom Tax Reversal to Attract Foreign Investors - News and Statistics

Balfour Beatty CEO Leo Quinn urges the UK government to reverse non-dom tax changes, warning of declining foreign investment in critical infrastructure projects.

The wealthy have not gone

As the FT has noted this morning: Fears of a massive non-dom exodus from the UK have been allayed by initial tax data, which suggests that total numbers leaving the country are in line with — or even below — official forecasts. They added: HM Revenue & Customs payroll data has found no evidence to suggest more non-doms left Britain in response to Rachel Reeves’ 2024 Budget than official predictions, according to people briefed on the findings. T…

Balfour Beatty chief urges Reeves to rethink non-dom tax changes to boost UK investment – Your Capital Minds

Outgoing Balfour Beatty chief executive Leo Quinn has called on Chancellor Rachel Reeves to reverse her abolition of the UK’s non-dom tax status, warning the move has deterred wealthy investors and is limiting funding for major infrastructure projects. Quinn, who steps down after a decade leading the construction giant, said the decision to end the non-dom regime in April had driven “phenomenal” investment away from Britain, particularly from bi…

Balfour Beatty chief urges Reeves to rethink non-dom tax changes to boost UK investment

Outgoing Balfour Beatty chief executive Leo Quinn has called on Chancellor Rachel Reeves to reverse her abolition of the UK’s non-dom tax status, warning the move has deterred wealthy investors and is limiting funding for major infrastructure projects. Quinn, who steps down after a decade leading the construction giant, said the decision to end the non-dom regime in April had driven “phenomenal” investment away from Britain, particularly from bi…